KSi Daily Report: Tuesday, 31 May 2016

There was no trade done on POMSOX today, and thus both Kina Securities stock indices remained unchanged. The main index or KSi was steady at 4,316.43 points and likewise, the Home index KSHi was at 9,339.22 points.

Kina Securities Ltd (KSL) maintained at K2.25 on POMSOX with no trading while on ASX, gained 1c at $1.24.

U.S and U.K markets were closed on Monday in commemoration of Memorial Day and the Spring Bank holiday, respectively. Japanese stocks rose in thin, choppy trade as growing expectations of an imminent U.S interest rate hike helped the dollar onto recent gains against the yen. The Nikkei share average rose 165.57 points or 0.97% to 17,233.59 points. The Australian share market traded slightly lower, pulled back by a mixed performance by the major banks and big miners. The benchmark S&P/ASX 200 declined 29.41 points or 0.54% to 5,378.60 points.

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